In a move to redefine its future, used car digital marketplace Vroom on Tuesday (Sept. 23) said it completed the wind-down of its eCommerce and used vehicle dealership operations and released a long-term strategic plan leveraging its assets like United Auto Credit Corporation (UACC), a...
Vroom is winding down its eCommerce operations and discontinuing its used vehicle dealership business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Vroom said on Tuesday (Dec. 15) that it has entered into a definitive deal to buy artificial intelligence (AI)-fueled analytics and digital services company CarStory via the purchase of Vast Holdings, Inc., according to an announcement. Get the Full Story Complete the form to unlock...
In the automotive industry, consumers using mobile devices to research or purchase items has become common over the past few years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
September 23, 2024
In a move to redefine its future, used car digital marketplace Vroom on Tuesday (Sept. 23) said it completed the wind-down of its eCommerce and used vehicle dealership operations and released a long-term strategic plan leveraging its assets like United Auto Credit Corporation (UACC), a leading automotive finance company; and CarStory, a leader in AI-powered […]
November 13, 2024
Automotive finance company and digital services platform Vroom filed for Chapter 11 bankruptcy Wednesday (Nov. 13), saying in a filing with the Securities and Exchange Commission (SEC) that it plans to operate its business as a “debtor-in-possession” under the jurisdiction of the bankruptcy court. Get the Full Story Complete the form to unlock this article and enjoy unlimited free […]
January 22, 2024
Vroom is winding down its eCommerce operations and discontinuing its used vehicle dealership business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
December 15, 2020
Vroom said on Tuesday (Dec. 15) that it has entered into a definitive deal to buy artificial intelligence (AI)-fueled analytics and digital services company CarStory via the purchase of Vast...
